Recently, many people have reported that fully digitalized e-invoice quotas have been reduced, with most enterprises having an invoicing quota of only tens of thousands. What exactly is going on? Let's take a look~ 01 Why are fully digitalized e-invoices subject to quota limits? The latest quota rules for fully digitalized e-invoices stipulated by the State Taxation Administration are: taking a certain taxpayer as an example, assuming they are a Category 3 taxpayer with an original quota of 400,000 yuan. However, over the past 12 months, the taxpayer's invoicing amount reached 320,000 yuan (i.e., 80% of the quota), and the highest monthly invoicing amount was only 50,000 yuan. According to the new rules, the taxpayer's quota will be adjusted to...
2024-10-17
Enterprise invoicing pain points: ① Invoicing is not convenient enough and depends on computer-based invoicing: when urgent invoicing needs arise while away, they cannot be responded to in time, leading to decreased customer satisfaction. ② Invoicing functions are limited, and a large amount of time is wasted: for example, invoices are often repeatedly issued for customers because receipt QR codes expire; work efficiency is greatly reduced because codes are often queried manually, and so on. ③ Official services are limited and cannot solve problems in time: the manual online hours of the official service hotline are only on workdays, the daily service time is relatively short, the forms of answers are single, and problems remain unsolved after consultation. Kailing Technology · Lingshuitong Smart...
2024-10-17
Question 1: I recently opened a restaurant and plan to launch a takeout business. The food made in the store is provided both for dine-in and takeout. Is there any difference in VAT payment between the two methods? Takeout food sold by catering enterprises and dine-in food apply the same VAT policy, uniformly paying VAT under "catering services." Note: Regarding the application of the catering service tax item. Taxpayers who prepare food on-site and sell it directly to consumers pay VAT under "catering services." Policy basis: Ministry of Finance and State Taxation Administration provisions on clarifying VAT for finance, real estate development, education auxiliary services, etc...
2024-10-16
Archive work is in a process of continuous evolution, and the creation of digital archive management systems or digital archives has become an urgent need of the times. So why should the construction of digital archives be vigorously promoted? 1. Improve archive management efficiency and service quality 1. Convenient and precise management ▪ Reduce physical space occupation: traditional paper archives require a large amount of warehouse space for storage, while digital archives store archive information digitally, greatly saving physical space. For example, a medium-sized traditional archive may need thousands of square meters of warehouse space to store archives; after digitization, the same amount of archive information...
2024-10-16
1. We are a newly established enterprise and would like to know how the quantity of VAT electronic special invoices to be obtained and the invoicing limit are determined? Answer: According to the Announcement of the State Taxation Administration on Matters Concerning the Implementation of Electronic VAT Special Invoices Among Newly Established Taxpayers (State Taxation Administration Announcement No. 22 of 2020): The tax authority determines the quantity of VAT special invoices a taxpayer may obtain based on the combined total of electronic special invoices and paper special invoices. The maximum invoicing limit for VAT special invoices (VAT tax control system) shall be the same for electronic special invoices and paper special invoices. According to the State Tax...
2024-10-15
I. Why carry out digital scanning of archives? 1. More convenient management and use Traditional archive management means retrieving archive information through archive catalogs and managing and using archives by retrieving volumes from the warehouse. If there is a digital electronic catalog, retrieval is relatively easy; if there is only a manually registered paper catalog, retrieval difficulty increases exponentially, and retrieval may even be impossible. After retrieving the needed archive information, warehouse retrieval can be carried out by archive number, enabling archive management and use, but efficiency is relatively low. After digital scanning, data linking is carried out to realize digital original text and...
2024-10-15
In enterprise operations, expense control and reimbursement management are crucial processes. However, traditional expense management methods face many challenges, such as difficulty for employees in reimbursement, difficulty for leaders in approval, difficulty for finance in review, and difficulty in implementing policies. The Kailing Intelligent Expense Control and Reimbursement System emerged, providing enterprises with comprehensive solutions. I. Problems faced by traditional expense control and reimbursement 1. Difficulty for employees in reimbursement ▪ Difficulty in collecting invoices; various invoices are hard to organize, and missed or lost invoices occur from time to time. ▪ Filling out reimbursement forms is cumbersome, time-consuming, and labor-intensive, and pasting receipts is prone to...
2024-10-14
Driven by the digital wave, corporate tax management is undergoing unprecedented change. Fully digitalized e-invoices, as the vanguard of this transformation, are gradually becoming the new favorite of corporate tax management. I. Why Have Fully Digitalized E-Invoices Become the New Favorite of Corporate Tax Management? "Controlling tax by invoice" has always been one of the important methods of tax collection and administration. From traditional paper invoices to e-invoices, and now to the fully digitalized e-invoices being promoted, the principle remains unchanged. Paper invoices are printed with high-standard anti-counterfeiting technology, have fixed layouts and formats, and are standard invoices uniformly finalized, issued, and digitally numbered by the state. Enterprises must apply to tax authorities for...
2024-10-14
Recently, a netizen consulted about issues related to fully digitalized e-invoices. Today we have compiled five hot questions and answers about invoice quotas to study together! 01 What does invoice quota mean? Invoice quota includes the total issuance amount quota, the initial total issuance amount quota, and the remaining available quota. 02 What does the remaining available invoice quota mean? Remaining available quota, also called remaining available invoice quota, refers to the total issuance amount quota of a pilot taxpayer within a natural month minus the used quota. The used quota includes the pilot taxpayer's electronic invoice...
2024-10-12
Leqi is a platform provided by the State Taxation Administration to eligible enterprises for tax-related services, providing services such as electronic invoices through direct connection between the tax system and the enterprise's own information system. As China Golden Tax Phase IV continues to be promoted nationwide, more and more enterprises have issued fully digitalized e-invoices through the Leqi platform. How enterprises can efficiently and reliably access the tax bureau's Leqi digital open platform has become a key focus. Key points of Leqi integration: The Leqi application and access process includes many steps, and personnel responsible for integration may, upon first contact, have a vague understanding of the application process and be unskilled in sandbox testing operations. In the...
2024-10-12
With the vigorous nationwide rollout and application of fully digitalized e-invoices, a true fully digitalized era has begun. Compared with traditional paper invoices and electronic invoices, fully digitalized e-invoices have notable characteristics: they abandon traditional medium dependence, achieving dematerialization; break free from fixed formats, achieving de-formatting; adopt tag-based management, making information classification clearer; feature elementization, making data more precise; introduce a credit system, optimizing credit management; apply coding, enhancing management effectiveness; and cover all fields, all stages, and all elements. However, in fully digitalized e-invoices...
2024-10-11
Recently, the Ministry of Finance revised and issued the "Work Standards for Accounting Informatization" (Cai Kuai [2024] No. 11, hereinafter referred to as the "Work Standards") and the "Basic Functions and Service Standards for Accounting Software" (Cai Kuai [2024] No. 12, hereinafter referred to as the "Software Standards"), effective from January 1, 2025. The release of the two standards plays a positive role in implementing the new Accounting Law, serving high-quality economic and social development, accelerating the digital transformation of accounting work, and improving the accounting informatization institutional system. 01 What is the connection between the two standards and electronic accounting archives? The two standards provide electronic...
2024-10-11
An employee of our company reimburses a subway ticket for work and obtains one VAT ordinary electronic invoice for "transport services * subway ticket." The invoice does not indicate detailed passenger information. Can the input VAT be deducted? Announcement of the Ministry of Finance, State Taxation Administration, and General Administration of Customs on Policies Related to Deepening VAT Reform (Announcement No. 39 of 2019 of the Ministry of Finance, State Taxation Administration, and General Administration of Customs), Article 6: For domestic passenger transport services purchased by taxpayers, the input VAT is allowed to be deducted from output VAT. (1) If the taxpayer has not obtained a special VAT invoice, the following provisions shall temporarily apply to determine the input...
2024-10-10
According to the unified arrangements of the State Taxation Administration, fully digitalized e-invoices (abbreviated as "fully digitalized e-invoices") have been vigorously promoted nationwide. Kailing Technology · Lingshuitong Smart Invoice Service Platform provides you with convenient invoicing methods such as "copy invoicing", "batch invoicing", "review invoicing", "scan-code invoicing" and "invoice drafts". This article compiles a collection of fully digitalized e-invoice issuance operations to help you quickly complete the invoicing process and make your invoicing work more efficient and smooth! Copy invoicing: one-click copy, easy to handle! Copy invoicing means copying the information of an already issued invoice to edit and issue the invoice again. Log...
2024-10-10
What to do if face scanning for fully digitalized e-invoice issuance is too frequent? Invoicing does not require frequent face scanning; it can be set for up to 183 days. This setting allows enterprises to avoid frequent facial recognition verification within a certain period, thereby simplifying the invoicing process and improving work efficiency. Specifically, this setting applies to taxpayers rated as "excellent enterprises," who can enjoy a longer identity authentication frequency, up to 183 days. The implementation of this policy is mainly to encourage and reward enterprises with good credit and compliant tax payment, and also reflects the tax administration's...
2024-10-09
I. Background for Selecting a Reimbursement and Expense Control System In the current major trends of financial digital transformation, business-finance-tax integration, and business-finance integration, the reimbursement and expense control system, as a key means of enterprise expenditure management, is increasingly attracting high attention from enterprises. In this era of digital intelligence, the construction of a reimbursement and expense control system is by no means an isolated individual effort. Relying only on traditional, single, isolated reimbursement and expense control functions without achieving integrated management with other related systems can no longer meet the requirements of today's enterprise financial digital and intelligent compliance control. However, among the many brands, selecting an intelligent reimbursement solution that can deeply integrate with financial business scenarios...
2024-10-09
After returning from the National Day holiday, enterprises' various businesses quickly resumed operation, and the demand for invoice issuance surged accordingly. At this busy moment, how can fully digitalized e-invoice issuance be more convenient? Don't worry, Ling Shui Tong is here to help. Whether it is batch invoicing, rapid delivery, or handling various special invoicing scenarios, Ling Shui Tong has unique solutions to help enterprises carry out business smoothly and improve invoicing efficiency. 1. Different customers and many invoice types?——Batch invoicing is faster. Enterprises can use Ling Shui Tong to download the batch invoice issuance template, edit it as required and upload it to achieve batch invoicing; or by importing the list template...
2024-10-08
The newly revised Archives Law of the People's Republic of China in June 2022 sets out clearer requirements for the informatization and digitalization of archives management, making archives informatization construction key to the digital transformation of government agencies, public institutions, and enterprises. I. Industry Status Quo: At present, the archives management industry faces many urgent problems to be solved. In terms of archives collection and archiving, timeliness is difficult to guarantee, and a large number of archives cannot be properly collected and archived within the prescribed time, affecting the completeness and systematicness of archives. There are also irregularities in management links, and the lack of unified standards and strict processes makes archives in classification...
2024-10-08
As an important carrier for recording history and transmitting civilization, archives play an irreplaceable role in social development. The "14th Five-Year Plan" period is the first five years of China's new journey to fully build a modern socialist country, and also a critical period for the high-quality development of archive undertakings. The "14th Five-Year Plan for National Archive Development," issued by the General Office of the CPC Central Committee and the General Office of the State Council, pointed the way for archive work during this period. I. Review and Outlook of the Development Environment Original description: Authoritative interpretation: (1) The development achievements of the "13th Five-Year Plan" laid a solid foundation "Thirteen...
2024-09-30
How to issue a thousand acquisition invoices with one click? Ling Shui Tong doubles your efficiency!
Agricultural product purchase invoices are issued by the purchasing enterprise to individual agricultural producers (farmers) when purchasing agricultural products from them, serving as a pre-tax expense voucher and a VAT input tax deduction voucher, and are a type of "reverse invoicing." So how does Kailing Technology · Lingshuitong perform reverse invoicing for the agricultural product purchase type? Users can import via Excel spreadsheet into the Lingshuitong invoicing platform, intelligently match tax codes, automatically identify list invoices, issue thousands of invoices with one click, and deliver automatically, greatly reducing invoicing costs and saving invoicing time for enterprises...
2024-09-30